Is Investment the best way to handle your money?
Hello everyone of this wonderful community.
We have been hearing about how most people recommend investment as the best way to handle and grow your money.
But don't you think this investment of a thing is overrated, take for example the crypto space where people are advised to invest their money, but we are currently seeing what is happening, things are not going as planned, many has lost fortunes why some are being promised a better future that we don't know when it might come. Please don't get me wrong, I'm not condemning cryptocurrency, I'm talking about the hype in investment.
Investment has made some rich while at the same time made some poor. So I better say or think that next time when you tell someone to invest their money, don't just tell them it is the best way to handle their money, because investment is not for the weak, you must be ready to face huge loss and wins.
I don't know if what I'm saying might he right, it is just my opinion and that is why I threw it as a question so that the community can clarify me better.
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The best way to handle it is to do good due diligence very well. no matter how you handle it, or where you want to spend it. investing without good research on what to invest is like throwing out your money out of the window and that is not a wise thing to do.
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